A Step-by-Step-Guide on how to buy Elysian (ELY)
Step 1 – Join CEX.io You'll first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Elysian (ELY) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Elysian (ELY) As soon as your deposit has been approved, you will now have access to your finances and you can begin invest and trading. To buy Elysian (ELY) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. To spot Elysian (ELY), you will need to put the short name of the asset (ELY) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “ELY/BTC” to progress.
Step 4 – Purchasing Elysian (ELY) As soon as you've spotted Elysian (ELY), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation Elysian (ELY) was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of ELY you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole volumen of ELY. If you are glad, make a mouse click on “Buy ELY”. Your plan will be filled as soon as a Vendor sells their ELY for the price you submitted.
Step 5 – Withdraw Elysian (ELY) Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Elysian (ELY), hover over the tab called “Funds” and mouse click on “Withdraw”. Elysian (ELY) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Elysian (ELY) by using the provided drop-down box. Enter the amount of Elysian (ELY) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.